Residential Construction Permits

Image for Single Family Homes Keep Twin Cities’ Residential Construction on Growth Curve

Single Family Homes Keep Twin Cities’ Residential Construction on Growth Curve

While multi-family permits were down for the month, single family construction remained strong, maintaining on-going growth for the region’s residential construction. Just released permit statistics show single family permits issued in July, 2013 (509) are higher than in any single month in six years (since June 2007 which had 537…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Pamela Belz, Residential Construction Permits, Twin Cities Housing Market

Image for Twin Cities’ Residential Construction Gains Ground Again

Twin Cities’ Residential Construction Gains Ground Again

Just released residential permit statistics again show that the region’s residential construction market continues to strengthen. The number of permits issued are at a 12-month high, while planned units in June were up by 64 percent over June of 2012. As has been the case all year, year-to-date planned…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Pamela Belz, Residential Construction Permits

Image for Twin Cities’ Residential Construction Continues Strong in May 2013

Twin Cities’ Residential Construction Continues Strong in May 2013

Recently released residential permit statistics show the new home industry in the Twin Cities continues to improve. Monthly and year-to-date permits and planned units are at their highest level since 2007. Year to date permits are up by 37 percent, while planned units are 26 percent higher than at…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Pamela Belz, Residential Construction Permits

Image for March 2013 Permits: Single-Family Homes Continue to Drive Twin Cities’ Residential Construction Growth

March 2013 Permits: Single-Family Homes Continue to Drive Twin Cities’ Residential Construction Growth

Roseville, MN (March 28, 2013) – Just released permit figures show that new residential construction in the Twin Cities remains strong, with single family homes leading the way. Permits for single-family homes were up by 53 percent for the month (349 in March 2013, 228 in March 2012) and more…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, Market Information, Market News, New Home Construction, Permit Data, Residential Construction Permits

Image for 2013 Begins Strong for Twin Cities’ Residential Construction

2013 Begins Strong for Twin Cities’ Residential Construction

Residential housing permits came on strong in spite of the frigid weather in January. Permits were up almost 70 percent over those issued in the month of January 2012, while planned units were more than 50 percent higher. The figures continue the trend that ended 2012 with nearly twice as…

Posted in General, Housing First Minnesota News, Market Information | Tagged: BATC, Builders Association of the Twin Cities, new homes, Pamela Belz, Permit Data, Residential Construction Permits

Image for Twin Cities’ Residential Construction Ends 2012 with Strong Gains

Twin Cities’ Residential Construction Ends 2012 with Strong Gains

Year end permit data shows that the Twin Cities residential housing nearly doubled in 2012 over 2011 (units showed a 99.5 percent increase). Of those totals, single-family construction improved from 2,818 to 4,058 homes permitted year-over-year, while multi-family residential units were even stronger, increasing from 1,708 to 4,977. According to…

Posted in Housing First Minnesota News, Market Information | Tagged: 2012, Builders Association of the Twin Cities, new homes, Permit Data, Residential Construction Permits

Image for Twin Cities’ Residential Construction Continues Strong in November 2012

Twin Cities’ Residential Construction Continues Strong in November 2012

Twin Cities residential housing continues to rebound in 2012, with November permits showing a nearly three-fold increase over November of 2011. At 68 percent of the units permitted in November, multi-family construction remains very healthy. Single family home construction also continues to show strength, running about two-times higher than last…

Posted in Housing First Minnesota News, Market Information | Tagged: Builders Association of the Twin Cities, Home Builders, new homes, Permit Data, Residential Construction Permits, Twin Cities

Image for Residential Construction surged in October 2012

Residential Construction surged in October 2012

The regional housing market continues to show strength as total units permitted to date this year are up 96 percent from 2011. The total was helped by 844 units in five large multi-family residential projects which pushed October’s units permitted higher than any September since 2005, and a whopping 247…

Posted in Housing First Minnesota News, Market Information | Tagged: BATC, new homes, Permit Data, Residential Construction Permits

Image for Twin Cities’ Residential Construction Showed Continued Strength in September

Twin Cities’ Residential Construction Showed Continued Strength in September

FOR IMMEDIATE RELEASE September was a good month for new residential construction in the Twin Cities. Almost 90 percent more units were permitted in September 2012 than in September 2011. And, September had the third highest number of units permitted this year, behind only July and August. According to statistics…

Posted in Market Information | Tagged: BATC, Builders Association of the Twin Cities, Permit Data, Residential Construction Permits

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